Commonwealth Equity Services LLC Sells 5,586 Shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

Commonwealth Equity Services LLC reduced its stake in shares of JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ) by 22.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 19,487 shares of the exchange traded fund’s stock after selling 5,586 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan Alerian MLP Index ETN were worth $354,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Guidance Point Advisors LLC bought a new stake in shares of JPMorgan Alerian MLP Index ETN during the 3rd quarter worth $115,000. NEXT Financial Group Inc bought a new stake in JPMorgan Alerian MLP Index ETN in the third quarter worth $149,000. Baird Financial Group Inc. bought a new stake in JPMorgan Alerian MLP Index ETN in the second quarter worth $225,000. Taylor Wealth Management Partners bought a new stake in JPMorgan Alerian MLP Index ETN in the third quarter worth $213,000. Finally, Private Advisor Group LLC bought a new stake in JPMorgan Alerian MLP Index ETN in the third quarter worth $217,000.

In related news, insider Lori A. Beer sold 5,210 shares of the business’s stock in a transaction dated Monday, October 25th. The shares were sold at an average price of $171.22, for a total transaction of $892,056.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jennifer Piepszak sold 3,173 shares of the company’s stock in a transaction dated Monday, October 25th. The stock was sold at an average price of $171.26, for a total transaction of $543,407.98. The disclosure for this sale can be found here.

JPMorgan Alerian MLP Index ETN stock opened at $19.73 on Friday. The firm has a fifty day simple moving average of $18.17 and a two-hundred day simple moving average of $18.38. JPMorgan Alerian MLP Index ETN has a twelve month low of $14.47 and a twelve month high of $21.05.

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Institutional Ownership by Quarter for JPMorgan Alerian MLP Index ETN (NYSEARCA:AMJ)

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